Saudi Arabia to Add 112MW to Data Centre Capacity in New Deal
The agreement reflects growing demand for high-performance computing and cloud-based services in the Kingdom and across the wider Gulf region.
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[Image source: Chetan Jha/MITSMR Middle East]
As Saudi Arabia accelerates its Vision 2030 economic diversification agenda, data infrastructure has emerged as a national priority. With digital transformation at the heart of the Kingdom’s strategy, massive investments are being funneled into cloud computing, AI, and smart city technologies. At the core of this shift is a fast-growing network of data centers designed to support both public sector ambitions and private sector innovation.
Against this backdrop, Al Moammar Information Systems Company (MIS), a Saudi-listed IT infrastructure leader, has signed a new framework agreement with Saudi Data Centre Fund 1, represented by Saudi Fransi Capital, to expand existing data center capacity by up to 112 megawatts (MW).
The agreement reflects growing demand for high-performance computing and cloud-based services in the Kingdom and across the wider Gulf region. In a stock exchange statement, MIS noted it has already secured a design-build contract for the initial 32 MW currently under development and is also serving as facility manager for these sites.
“The contract duration for the expansion project is 36 months,” the company stated, adding that “the value of the agreement will be determined upon receipt of development notices from the Fund.”
This expansion supports Saudi Arabia’s broader ambition to become a regional digital hub. The Kingdom has committed to attracting over $18 billion in data center investments by 2030, positioning itself as a critical node in the global digital infrastructure map. Government support, favorable regulations, and partnerships with major cloud service providers—including Oracle, Google Cloud, and Huawei, are propelling rapid sector growth.
MIS plays a central role in this ecosystem. Previous filings confirm that the company is the exclusive leasing agent and facility manager for six data centers owned by Saudi Data Centre Fund 1. These centers form a foundational layer of the national cloud and colocation infrastructure.
As the Kingdom ramps up digital investments and rolls out advanced technologies across sectors from energy and healthcare to fintech and logistics. This agreement reinforces MIS’s strategic position in enabling the data-driven economy Saudi Arabia is rapidly building.
